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The following table lists data from the budget of Ritewell Publishers. Half the company's sales are for cash immediately; the other half are paid for
The following table lists data from the budget of Ritewell Publishers. Half the company's sales are for cash immediately; the other half are paid for with a one-month delay. The company pays all its credit purchases with a one-month delay. Credit purchases in January were $41, and total sales in January were $202. Assume all expenses, other than purchases, are cash transactions. Complete the cash budget in the following table. Note: Negative amounts should be indicated by a minus sign
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